Tag: seaborne coal trade
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China: Portside coal inventories swell as weather disrupts shipping
Sellers face pressure to offload cargo amid weak demand Coal consumption of power plants remain at seasonal lows Mysteel Global: China’s thermal coal market is facing growing downward pressure as inventories at northern transshipment ports have ballooned, following gale-led marine traffic controls that sharply curbed coal outbound shipments. Coal stockpiles at the eight key northern…